Adam Smith criticized what he called the "mercantile system" because it restricted trade and thus restricted economic growth. The mercantile system believed the wealth of the world was a fixed amount, measured primarily in gold and silver accumulated. The system promoted a nation selling its products abroad but not needing to buy from others, or imposing heavy tariffs if importing anything. Commerce was heavily controlled by the government through charters granted to specific trading companies.
Smith countered by advocating a free market -- the opportunity for all nations to increase their wealth by exchanging goods freely with one another according to what would become known as capitalist principles.
An opinion question so no one gets a right or wrong answer. Just say you have pros and cons on the unit and pick a random part and say that it was the most memorable part.
Answer:
To increase culture and literary
Answer:
The answer is _____.
Explanation:
No options to choose from.
The correct answer that would best complete the given statement above would be the third option: EU. Citizens of EU or European Union are citizens of all the nations in the alliance. EU citizens <span>are citizens of </span>Austria<span>, </span>Belgium<span>, </span>Bulgaria<span>, Croatia, </span>Cyprus<span>, the Czech Republic, Denmark, </span>Estonia<span>, Finland, France, Germany, </span>Greece<span>, </span>Hungary<span>, Ireland, Italy, </span>Latvia<span>, Lithuania, Luxembourg, Malta, the Netherlands, </span>Poland<span>, Portugal, </span>Romania<span>, Slovakia, Slovenia, Spain, Sweden and the </span>UK<span>. Hope this answer helps.</span>
